• RBC Capital has set a price target of $35 for SM Energy (NYSE:SM), indicating a potential increase of about 38.67%.
• SM Energy is in merger discussions with Civitas Resources to form a $14 billion oil major, highlighting a trend of consolidation in the Permian Basin.
• The stock's past year trading range between $19.67 and $46.42 showcases its growth potential and associated risks.

On October 9, 2025, RBC Capital set a price target of $35 for SM Energy (NYSE:SM). At the time, SM's stock was priced at $25.24, suggesting a potential increase of about 38.67% to reach the target. SM Energy is a key player in the oil and gas sector, focusing on exploration and production, primarily in the United States.

Currently, SM Energy is in merger discussions with Civitas Resources, aiming to form a $14 billion oil major. This merger is part of a broader trend of consolidation in the Permian Basin, a region known for its rich oil reserves. The merger could significantly impact SM's market position and future growth prospects.

SM's stock is trading at $25.24, with a slight decrease of $0.04 today, reflecting a percentage change of approximately -0.16%. The stock has shown some volatility, with a trading range between $24.73 and $25.31 during the day. This fluctuation is typical in the stock market, where prices can vary based on investor sentiment and market conditions.

Over the past year, SM's stock has seen a high of $46.42 and a low of $19.67. This range indicates the stock's potential for both growth and risk. The company's market capitalization is approximately $2.9 billion, which provides a snapshot of its overall value in the market. With a trading volume of 1,905,263 shares, SM Energy remains an actively traded stock, reflecting investor interest and market activity.